Homework 2 Solution Key Problem 1. Suppose that you sell short 500 shares of Intel‚ currently selling for $40 per share‚ and you give your broker $15‚000 to establish your margin account. Assume Intel pays no dividends. a) If you earn no interest on the funds in your margin account‚ what will be your rate of return after one year if Intel stock is selling at (i) $44; (ii) $40; (iii) $36? The gain or loss on the short position is 500 P . Invested funds are $15‚000. Therefore‚ your rate
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Michelle_Perez_ADCO5190_CH1_P08 4/2/2003 Chapter 1. Ch 01 P08 Build a Model a. Suppose you are considering two possible investment opportunities‚ a 12-year Treasury bond and a 7-year‚ A-rated corporate bond. The current real risk-free rate is 4%. Inflation is expected to be 2% for the next two years‚ 3% for the following four years‚ and 4% thereafter. The maturity risk premium is estimated by this formula:MRP = 0.1% ( t-1) %. The liquidity premium for the corporate bond is estimated to
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HARVARD BUSINESS SCHOOL EXCEL COURSE All Masters programs in the Lindner College of Business involve coursework that presumes facility with spreadsheets. In Statistics‚ Managerial Accounting‚ and Financial Tools‚ spreadsheets are indispensible tools. In a host of other classes they enable superior analysis‚ organization‚ communication‚ and planning as well. Therefore‚ before starting coursework in any Masters program‚ students must PASS the On-line Introduction to Spreadsheet Modeling Course available
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مفروم عادی بیف معلاق فیلی همبرجر لام شولدر لغ دجاج مفروم لیین بیف تیل رب آی ویل شولدر بیف نک لام لغ شولدر صدر مفروم اکسترا لیین لسان کوفته ویل لغ لام شابس معلاق لغ بسطورمه روست بیف کوفته لام معلاق بیف شولدر ستیک رب ستیک بیف ستیو لام رب غروند شکن برست درم بیف لغ تی بون شوارمه ویل ستیو دجاج کورنش تای قلب بون بیف رب ویل رب ویل نک Introduction: A fixed coordinate system is a system in which the points
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Bio 114 1- Incisions in your Explain the purpose of the pig as illustrated in figure 4. In the figure fourth is the fetal pig incisions. The picture show many different part in the pig that we need to know to really understand what we going to do before starting doing our experiment .We need to know each part where there are and their functions so when we start open our pigs that we do not mess it at all. 2-How are the two sexes distinguished by external anatomy? The two sexes distinguished
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Sydney has always had a love for bottlenose dolphins and was interested in marine biology so in the summer of 2009 Sydney attended Girl Scout sleep away camp to get certified for open water Scuba diving. The following summer our girl spent six weeks in Taiwan at the university of Tamking ‚ Taipei for an emersion program that was attended by teenagers from across the states‚ and from around the globe. The program was taught entirely in Mandarin focusing on written characters‚ pronunciation‚ Chinese
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Chapter 1: Intro Independent Variable - variable you deliberately change during an experiment Theory - explanation based on a large number of experiments Hypothesis - educated prediction of cause and effect - what you test in an experiment Control - a zero or set form of the independent variable Dependent - variable you measure because you think it could change 7 characteristics: order‚ regulation‚ growth and development‚ energy processing‚ response to the environment‚ reproduction‚ evolutionary
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BALI VILLAGE HOTEL RESORT AND SPA: A CASE STUDY An undergraduate case study presented to the faculty of the Department of Management College of Business Administration‚ Management and Marketing Studies‚ City College of Tagaytay in partial fulfillment of the requirements for graduating with the degree of Bachelor of Science in Business Administration (major in Marketing) with contribution number TC (BSBA) 11-01-403. Prepared under the supervision of Mr. Edilberto P. Lunas INTRODUCTION
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Accrued Interest = x Nominal Return = Real Return = – 1 Real rate of return Compounding = rnominal-inflation rate Current yield = The invoice price is the reported price plus accrued interest The ask price is 101.125 percent of par‚ so the invoice price is: $1‚011.25 + (1/2 $50) = $1‚036.25 Effective annual rate on a three-month T-bill: Optimal capital allocation: Y= E(rp)- Rf / A(std)^2portfilio – 1 = (1.02412)4 – 1 = 0.1000 = 10% Effective annual interest rate
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held by the founders is a very important point they can try to renegotiate. In the Alpha term sheet the founders have a percentage ownership of 34% if the revenues hurdle of $500‚000 is met. The founders hold 32.6% if the revenue hurdle is not met. Mega has no such revenue hurdle thus‚ with the number of shares outlined in the term sheet‚ the founders own 37.5%. Negotiation: In the Alpha term sheet a higher number of shares for the founders would be preferable. We assume the company will meet
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